Sense of strategic vision
Sharper focus on what is strategically important
New top management for the organisation
Understanding of turbulent environment
It is a Lower-management activity
It is a Centralized activity
It is a Decentralized activity
It is a Top-management activity
Vision statement; mission statement
Short-term objectives; long-term objectives
Potential entry of new competitors
Bargaining power of suppliers
Bargaining power of union
Development of substitute products
Is responsible for the implementation of the organization's operating activities.
Plays a significant role in corporate governance.
Serves in the role of executive management.
Is not an important part of the organization's strategic development
establishing appropriately balanced controls.
Exploiting and maintaining core competencies.
Emphasizing ethical decisions and practices
Checking inventory management.
What sets an organisation apart
A strength of an organisation
Aligned with the organization’s value proposition
Difficult for competitors to imitate
Durable over time
All of the above
C. K. Prahalad
Vision, Rare, Inimitable and Non-substitutable
Valuable, Rare, Inimitable and Non-substitutable
Valuable, Rare, Inimitable and Non-standardised
Valuable, Rare, Inspiration and Non-substitutable
Programmes, Marketing, Policies, Procedures and Rules
Budgets, Marketing, HR, Technology and Co-operation
Programmes, Budgets, Policies, Procedures and Rules
Budgets, HR Policies, Administration Procedures and Marketing Rules
Finance, HR, Marketing and Operations
Business Growth, Marketing Capabilities, HR Strengths and Customer Base
Learning & Growth, Business Processes, Customers and Finance
Competitive Advantage, Core Competence, Sustainability, CSR
SEI-CMM Level 5
Continuous Quality Improvements (CQI)
Premise Control, Strategic Surveillance, Implementation Control and Special Alert Control
Programme Control, Environment Control, Monitoring Control and Special Alert Control
Premise Control, Marketing Surveillance, Implementation Control and Feedback Control
Programme Control, Strategic Surveillance, Evaluation Control and Feedback Control
Internet of Things (IOT)